122 S Gibbs Rd Mooresville, NC 28117

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5 beds · 4 baths · 3,803 sq ft · Lot Size: 32,234 sq ft · Single Family Home
Est. Property Value: $1,296,393

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122 S Gibbs Rd is in the 28117 neighborhood of Mooresville, NC. It is located in Iredell County and ZIP code 28117. This Single Family Home was built in 2000 and is approximately 25 years old. The single family home spans 3803 sq ft with 5 bedrooms and 4 bathrooms and sits on a 32234 sq ft lot. According to public records, it was sold for $24,800 and has a tax-assessed value of $580,530, which is $341 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 122 S Gibbs Rd Mooresville, NC 28117 with Property Intel by Whitepages.

Owners & Occupancy for 122 S Gibbs Rd

This property is owned by Leeanne Marie Brown. Owner contact information includes 9 phone numbers and 5 email addresses.

Property Owners

Cell Phone(817) ***-****View Cell Phone
Residence***************
Landline(904) 646-4077
Distance from Property**********
Email Address*********@yahoo.comView Email
Cell Phone(716) ***-****View Cell Phone
Residence***************
Landline(704) 799-3090
Distance from Property**********
Email Address***************@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 37
Resident 2******************* age 37
Resident 3********************* age 35
Resident 4*************
Resident 5*************** age 66
Resident 6******************* age 61

Property Financials for 122 S Gibbs Rd

122 S Gibbs Rd, Mooresville, NC has a mortgage (orig. April 23, 2021). The Iredell county assessment for 2024 values it at $580,530, with annual taxes of $3,485.

Mortgage & Equity Information

Loan Amount$******
Origination DateApril 23, 2021
Interest Rate****%
Term15 Years
Rate TypeFixed
Est Balance$********
Due Date************
Equity View Equity

Property Tax

Property Tax Amount$3,485 in 2024
Purchase Price$24,800
Assessed Value$580,530 on 2024

Investment Potential for 122 S Gibbs Rd

The property has a current estimated value of $1,296,393, which is 65% above the zip median, based on public records. It last sold for $24,800. Projected long-term
is $51,600 annually ($4,300 per month) with a 89% occupancy rate.

Discover more Single Family Homes in 28117.

Long-Term

Gross Rental
$51,600 per year($4,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
89%in 28117 zip code
 
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Property Details for 122 S Gibbs Rd

Property Details

Property Sq Ft

Living Area

3,803 sq ft

13% above market

Lot Size

32,234 sq ft

13% above market

Price Per Sq Ft

Living Area

$341 / sq ft

44% above market

Lot Size Area

$40 / sq ft

11% above market

Property condition, age, exterior, etc. for 122 S Gibb…
Longitude: -80.858097 Latitude: 35.572432 Parcel Number (APN): 4646-78-4482.000…

Recommended Properties in 28117

Discover more single family homes near 122 S Gibbs Rd in Mooresville, North Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 122 S Gibbs Rd in Iredell County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$1,296,393
$437,153
$859,240 (197%)
$583,318
$1,114,388 (191%)
YoY Price Change
1.98%
-54%
Year Built
2000
2000
0 years
Living Space
3,803 sq ft
2,660 sq ft
1143 (43%)
$ Per Living Sq Ft
$341
$165
$176 (106%)
Lot Size
32,234 sq ft
19,733 sq ft
12501 (63%)
$ Per Lot Sq Ft
$40
$24
$16 (67%)

Net Operating Income
$22,208
$9,633 (43%)
Annual Revenue
$51,600
$33,000
$18,600 (56%)
$10,249
$9,510 (93%)
Net Operating Income
$22,208
$9,633 (43%)
Cap Rate
5.29%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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